Trading a XMVM straddle lets you take a pure volatility position on Invesco S&P MidCap Value with Momentum ETF without committing to a direction. Invesco S&P MidCap Value with Momentum ETF's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate XMVM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on XMVM profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Invesco S&P MidCap Value with Momentum ETF stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the XMVM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Invesco S&P MidCap Value with Momentum ETF (Fund) is based on the S&P MidCap 400 High Momentum Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 80 securities in the S&P MidCap 400 Index having both the highest "value scores" and "momentum scores". The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the XMVM straddle is the cleanest expression of that view. Our scanner prices every XMVM straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a XMVM straddle into a catalyst or short a XMVM straddle to harvest decay, the options straddle setups that matter are all in one place.
